Sunday, February 7, 2010

Israel ranks 5th in world in clean-technology

(Shawn Lesser - Cleantech).The cleantech wave is expected to continue to grow, with some analysts estimating the cleantech market will crack the $2 trillion threshold by 2030.

The players in the cleantech space are a mix of world economic, political and social leaders. They include former American vice presidents, billionaire entrepreneurs, Arab Sultans, Internet moguls and huge pension funds.

A few months ago, I ranked the best states for top 10 states in the U.S for cleantech (see The top 10 U.S. states for cleantech in 2009). But that got me thinking: Which countries are the leaders in cleantech?

#5.Israel, the 'Silicon Valley' of water technology, is fast becoming the cleantech incubator to the world (see Israel to export $2.5B in water technologies by 2011). Israel recycles 75 percent of its wastewater, invented drip irrigation, and is home to the world's largest reverse osmosis desalination plant (see Israel plans largest desal plant in $513M deal). Israel certainly isn't the world's biggest cleantech market, but it might just be one of the world's most important centers of cleantech innovation and R&D, with innovative companies such as CellEra, Aqwise, and Emefcy. Better Place is also making Israel the first test-market for a nationwide electric vehicle recharge network (see Electric cars are coming to Israel). Leading Israeli VCs include Israel Cleantech, Aqua Argo Fund and Terra Ventures.